Summary of 2023 Pay (Salary plus Bonus) for Multifamily Real Estate Professionals In the residential real estate sector, compensation growth in 2023 continued to reflect stable increases across all positions. The bonus as a percentage of salary for residential professionals remained competitive, with senior roles like Top Acquisitions Executives receiving bonuses of up to 119% of their base salary, and Top Development Executives receiving bonuses of 104%. Junior roles, such as Acquisitions Associates and Asset Managers, had more modest bonuses at 22% and 19%, respectively. The growth in median compensation ranged from 2.53% to 3.69% from 2020 to 2023, with Asset Management roles showing the highest growth. For early-career professionals in residential acquisitions, asset management, and development, total compensation varied, with Analyst and Associate positions earning median salaries from $86,200 to $134,100. Bonuses accounted for around 21% to 31% of their total compensation. While the total compensation growth for junior professionals was slightly higher than the previous year, senior roles in residential continued to offer higher variable compensation, with the sector experiencing competitive but stable growth compared to other real estate asset types." https://lnkd.in/eVR6Xp32